Life insurance – some top tips

Don’t delay – get it now

Premiums are calculated based on a range of factors, including your age, general health, and smoking habits. So, the younger you are, the cheaper your premiums are likely to be.

Review regularly

Just because you have purchased life insurance once, it doesn’t mean you no longer have to think about it. It’s important to regularly check that you still have an appropriate level of cover, especially after experiencing significant milestones such as buying a house, welcoming a child or getting married.

Keep up your payments

Many insurers offer a grace period if you think you will miss a payment. But after that, a late payment could cause your policy to lapse, meaning you are no longer covered.

Find cover that suits you

Everyone’s circumstances are different. While it might be tempting to choose the cheapest policy, it may not give you the right amount of cover, which could leave your family in a precarious financial position in the event of your death.

Seek advice

As professional advisers we will explain your options and help you source the right level of cover. Get in touch for advice today.

As with all insurance policies, conditions and exclusions will apply